MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 03-02-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 03-02-2017
MTECHTIPS Mcx Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is moving sideways The oscillator is on SELL signal and Aluminium is coming down from overbought level .In last 1 month volatality is very less Buy the Aluminium above 129 or buy with strict stop at 119. The oscillator is on SELL signal and Aluminium is coming down from overbought level For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 120-119-118-116-.Resistance for the Aluminium is 124-
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 123.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 123.8 with a stop at 121.7 Below 121.1 go for sell and put stop at 123.2
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